Daily Retail News Monitor – December 10, 2019

Global Retailing Top News
Americas
Hyatt Hotels Corporation , United States (Company Site) (Ticker – H) , Retail Chain , LargeCap
The Unbound Collection by Hyatt Brand Debuts in the United Kingdom With Opening of Great Scotland Yard Hyatt Hotels Corporation announced the opening of the 152-room Great Scotland Yard hotel as part of The Unbound Collection by Hyatt. On the site of the former headquarters of the Metropolitan Police, the luxury hotel and adjacent five-story townhouse is the first by The Unbound Collection by Hyatt brand in the UK and the sixth to open in Europe. The opening follows a major restoration and full-scale renova tion that breathed new life into one of London’s famous landmarks as it opens to the public for the first time in nearly two hundred years. Read more (Dec 9, 2019) Expansion/ Diversification

Iconic Brands Inc. , United States (Company Site) (Ticker – ICNB) , Food and Drug Stores , MicroCap
Iconic Brands Announces Sale of its Majority Interest in Green Grow Farms, Inc. Iconic Brands, Inc. announced that it has entered into a Stock Purchase Agreement with Canbiola, Inc. and Green Grow Farms, Inc. for the sale of Iconic’s majority equity interest in Green Grow in consideration for 37,500,000 shares of Canbiola’s common stock, subject to an upward adjustment in shares based on the market price per share of CANB on June 30, 2020. The sale monetizes a non-core asset and allows Iconic to devote all of its resources and attention to further growing its alcohol brands, including expanding the launch of the Hooters Spirits brand across the United States, launching Bellissima in the U.K., Finland, and Norway, and developing new products to be brought to market in 2020. Read more (Dec 9, 2019) Sale/ Purchase of Company Stakes


Marquee Brands , United States (Company Site) , Apparel/ Footwear/ Personal Goods Specialty
Marquee Brands Acquires Leading Maternity Brands: Motherhood Maternity®, A Pea In The Pod® & Destination Maternity® Marquee Brands LLC, a leading global brand owner, marketing and media company, announced that it has emerged as the successful bidder to acquire the intellectual property, e-commerce business and other assets of Destination Maternity Corp., including its trademarks: Motherhood Maternity, A Pea In The Pod and Destination Maternity. Read more (Dec 9, 2019) Mergers and Acquisitions


Nike, Inc. , United States (Company Site) (Ticker – NKE) , Apparel/ Footwear/ Personal Goods Specialty , LargeCap
Nike completes sell of Hurley to Bluestar Alliance Nike completes the sell of Hurley. The American giant has sold the Brand to Bluestar Alliance for an undisclosed amount. Nike acquired Hurley in 2002 for 95 million dollars. The company generated annual sales of 70 million dollars at that time. Read more (Dec 9, 2019) Divestments


Starbucks Corporation , United States (Company Site) (Ticker – SBUX) , Food and Drug Stores , LargeCap
Chile: Starbucks opens its first store in Curicó Starbucks has just arrived at Mall Curicó opening its first and only store in the region consolidating its expansion to regions. Read more (Dec 9, 2019) Expansion/ Diversification


Europe
Safilo Group S.p.A. , Italy (Company Site) (Ticker – SFL) , Apparel/ Footwear/ Personal Goods Specialty , MidCap
Safilo acquires 70% stake in California ‘digitally native’ brand Blenders Eyewear Italian eyewear giant Safilo Group announced the acquisition of a 70% stake in California firm Blenders Eyewear LLC from the company’s founding entrepreneur and full owner Chase Fisher. The agreement values Blender’s Eyewear at US$90 million. Read more (Dec 9, 2019) Sale/ Purchase of Company Stakes


 

Global Retailing Other News
Americas
Mercado Libre, Inc , Argentina (Company Site)
Argentina: Mercado Libre announces more than 700 vacancies Read more (Dec 9, 2019)
Aislelabs Inc. , Canada (Company Site)
Aislelabs Collaborates with Cisco, Launches Three Flow Apps for Cisco DNA Spaces Read more (Dec 9, 2019)
Alimentation Couche-Tard Inc. , Canada (Company Site)
Couche-Tard’s M&A Eye Is Focused on the U.S. & Asia-PacificRead more (Dec 9, 2019)
PinkCherry , Canada (Company Site)
PinkCherry reports unprecedented growth over the Black Friday and Cyber Monday Read more (Dec 9, 2019)
Walmart Canada , Canada (Company Site)
Walmart Canada Opens Doors on State-of-the-Art DCRead more (Dec 9, 2019)
Amazon.com Inc , United States (Company Site)
Amazon, Flipkart planning to help SMEs go digital and grow their businesses Read more (Dec 10, 2019)
Amazon.com Inc , United States (Company Site)
Amazon turns to Refinery29, celebs for holiday attention Read more (Dec 9, 2019)
American Freight Furniture and Mattress , United States (Company Site)
American Freight Furniture and Mattress Opens Fourth Louisiana Store Read more (Dec 9, 2019)
Anchor Shops by ShopFulfill , United States (Company Site)
ShopFulfill Introduces Anchor Shops: The Only Turnkey Retail Solution that Enables Digitally Native Brands to Thrive OfflineRead more (Dec 9, 2019)
Ascena Retail Group, Inc. , United States (Company Site)
ascena retail group, inc. Announces First Quarter Fiscal 2020 Results; Reports Income per Share From Continuing Operations of $0.16; Adjusted Income per Share From Continuing Operations of $0.18 Read more (Dec 9, 2019)
Ashley HomeStore , United States (Company Site)
Ashley HomeStore’s Hope to Dream Program Celebrating 9th Anniversary and 100,000 Beds Donated Read more (Dec 9, 2019)
Away  , United States (Company Site)
Away Appoints Lululemon COO Stuart Haselden as CEO Read more (Dec 9, 2019)
Casey’s General Stores, Inc , United States (Company Site)
Casey’s Continues Strong Performance In Second Quarter Read more (Dec 9, 2019)
Chewy, Inc , United States (Company Site)
Chewy Isn’t Fetching The Results Wall Street Wants, But It’s Still A Growing Pup Read more (Dec 9, 2019)
Corelle Brands LLC , United States (Company Site)
Corelle Brands to Open Creative Kitchen Studio in Chicago’s Merchandise Mart Read more (Dec 9, 2019)
Crocs, Inc. , United States (Company Site)
Post Malone and Crocs Launch Fourth Collaboration Read more (Dec 9, 2019)
CVS Health Corporation , United States (Company Site)
California fines CVS pharmacy chain a record $3.6 million for failing to recycle Read more (Dec 9, 2019)
CVS Health Corporation , United States (Company Site)
CVS Health Completes Rollout of Time Delay Safes in All of Its West Virginia Pharmacies Read more (Dec 9, 2019)
Domino’s Pizza, Inc , United States (Company Site)
Domino’s® GPS Delivery Tracking Technology Expanding into Stores Across the U.S. Read more (Dec 9, 2019)
Duty Free Americas, Inc. , United States (Company Site)
CXI Announces Strategic Relationship with Duty Free Americas, Inc. as Its Exclusive Foreign Currency Provider Read more (Dec 9, 2019)
Elite Nutrition , United States (Company Site)
LifeBase Solutions Selected by Elite Nutrition for Innovative Nutrition Coaching Platform Read more (Dec 9, 2019)
Grab And Go , United States (Company Site)
Grab-and-Go C-store Opens in Historic Denver Neighborhood Read more (Dec 9, 2019)
Herman Miller, Inc. , United States (Company Site)
Herman Miller Appoints Debbie Propst As New President Of Retail Read more (Dec 9, 2019)
Hudson Group , United States (Company Site)
Travel specialist Hudson plans revamped stores, mobile app for 2020 Read more (Dec 9, 2019)
J&J Snack Foods Corporation , United States (Company Site)
J & J Snack Foods Corp. announces increase in quarterly cash dividend Read more (Dec 9, 2019)
Macy’s, Inc. , United States (Company Site)
Macy’s Spotlights Women-Owned Businesses With SoGifted Read more (Dec 9, 2019)
McCormick & Company , United States (Company Site)
Blue Pacific Flavors and McCormick & Company Collaborate to Bring FlavorCell® Encapsulation Technology to Powdered Beverages Read more (Dec 9, 2019)
Meijer Inc , United States (Company Site)
Meijer’s 2nd Small-Format Store Opening in January Read more (Dec 9, 2019)
Metals.com , United States (Company Site)
Metals.com Celebrates 10-Year Anniversary With New Aluminum Division Read more (Dec 9, 2019)
MoEngage Inc , United States (Company Site)
MoEngage Inc. Achieves Amazon Web Services Retail Experience Competency Status Read more (Dec 9, 2019)
Museum of Ice Cream , United States (Company Site)
Museum of Ice Cream scoops NYC flagship location, eyes global expansion Read more (Dec 10, 2019)
National Vision Holdings Inc , United States (Company Site)
National Vision Welcomes Joan Blackwood as Chief Marketing Officer Read more (Dec 9, 2019)
Nordstrom Inc , United States (Company Site)
Store Concept of the Year: Nordstrom Local Read more (Dec 9, 2019)
Ollie’s Bargain Outlet Holdings, Inc. , United States (Company Site)
Ollie’s: A Discount Retailer at a Reasonable Price Read more (Dec 9, 2019)
Ralph Lauren Corporation , United States (Company Site)
Kenneth Cole, Ralph Lauren Corp. to Be Among Honorees at AAFA American Image Awards Read more(Dec 9, 2019)
RH , United States (Company Site)
RH Continues To Be An Alpha Machine Read more (Dec 9, 2019)
Seven & i Holdings Co., Ltd , United States (Company Site)
Japan’s 7-Eleven to address underpayment claims amid scrutiny Read more (Dec 10, 2019)
Sheetz, Inc , United States (Company Site)
Sheetz Debuts Plant-based Burger Read more (Dec 9, 2019)
ShowMeCables , United States (Company Site)
ShowMeCables Introduces Patented L-com Cat6 Angled Patch Cables Read more (Dec 9, 2019)
Stitch Fix , United States (Company Site)
Elizabeth Spaulding Joins the Stitch Fix Leadership Team as President Read more (Dec 9, 2019)
Tango Analytics , United States (Company Site)
Tango Bolsters Senior Leadership Team With Addition of Mike Huseman as Chief Sales Officer Read more(Dec 9, 2019)
The Pep Boys: Manny, Moe & Jack , United States (Company Site)
Pep Boys Celebrates the Grand Re-Opening of Panama City Service and Tire Center Read more (Dec 9, 2019)
True Religion Apparel, Inc. , United States (Company Site)
Zihaad Wells to Return to True Religion Apparel as Creative Director Read more (Dec 9, 2019)
Venus Marble Inc , United States (Company Site)
VENUS MARBLE’s Cat-Themed Collection to launch in Japan with its foray into this market Read more (Dec 9, 2019)
Walmart Inc. , United States (Company Site)
Walmart to train 50,000 MSMEs in India through new initiative, traders body cries foul Read more (Dec 9, 2019)
Walmart Inc. , United States (Company Site)
Walmart launches Supplier Development Program in India Read more (Dec 9, 2019)
Walmart Inc. , United States (Company Site)
Walmart Donating Land for Hometown Park Read more(Dec 9, 2019)
Westfield Valencia Town Center , United States (Company Site)
Westfield braces for ’Super Weekend’ with more than 1m visitorsRead more (Dec 9, 2019)
Yesway , United States (Company Site)
Yesway Enriches Its Security Operations Read more (Dec 9, 2019)
Asia
Rakuten, Inc. , Japan (Company Site)
Verizon Media and Rakuten Join Forces to Reward Consumers with Exclusive Cash Back Rates for Yahoo Shopping and Yahoo Mail Read more (Dec 9, 2019)
Switfish , South Korea (Company Site)
Star Wars Collection by Switfish debuts at Sportie LA’s Pop-Up on Melrose Avenue Read more (Dec 9, 2019)
Europe
Lidl Stiftung & Co. KG , Germany (Company Site)
Lidl buying 6 Shoppers Food & Pharmacy stores from UNFI Read more (Dec 9, 2019)
Gianni Versace S.r.l. , Italy (Company Site)
Macerich To Welcome Versace To Elevated Luxury Wing At Scottsdale Fashion Square Read more (Dec 9, 2019)
InterContinental Hotels Group plc , United Kingdom (Company Site)
IHG®’s EVEN® Hotels brand experiences healthy growth in U.S. and beyond Read more (Dec 9, 2019)
Ted Baker plc , United Kingdom (Company Site)
Ted Baker appoints AlixPartners consultancy to review operations Read more (Dec 9, 2019)

David Zweifler

David is the founder of Gordon Magazine. David's experience spans investment banking, journalism, marketing and technology.

David Zweifler

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